Daoda Investment Notes: Market volume Falling track stocks are the main force of smashing

Yesterday's adjustment of A shares should be expected, and of course it does not rule out that it will exceed some people's expectations.

The signs of the short -term height of the market are relatively obvious. The Shanghai Stock Exchange Index volume the bald head light feet mid -yin line, directly erase the increase the day before yesterday, which is a clear adjustment signal.

On the disk, the track stocks are the main force of smashing. The entire new energy sector traded 110 billion yuan in an hour. Dago was a bit at the time, accounting for about 20%of the turnover of the two cities at that time. From the perspective of the whole day, new energy vehicles plus photovoltaic, the transaction amount of these two sectors reached more than 460 billion yuan, accounting for more than one -third of the total transaction amount of the two cities.

It can be said that there are a considerable batch of funds in the track stocks, and yesterday chose to make a profit. Of course, the transaction is two -way, and on the other hand, there are off -site funds to choose from. Generally speaking, the main line market will not end because a Zhongyin line is over, and its competition for the market will appear repeatedly. The judgment of the market is over because the volume of volume is over. This view is actually not objective.

The rise of this wave of track stocks has no full shock to change hands at the beginning of the launch, and there is no decent horizontal structure during the rise. To a certain extent, the chips that everyone holds is relatively fragile. Psychological preparation. The day before yesterday, I referred to the rotation idea of ​​the lithium battery. This volume of the leader yesterday, it is likely to mean that the main promotion of this wave section is coming soon, and there are more rotation opportunities in the back.

Based on yesterday's market, combined with the recent market situation, Da Ge still listed according to the usual practice:

First of all, there is no overall panic in the market. The decline in individual stocks has increased, and the number of daily limits has indeed reached a new high, but the daily limit is mainly based on the large -scale track stocks. In fact, it is not surprising. At the same time, there are still nearly 70 daily stocks in the two cities. You can also see funds trying to try to "high cut" and do more low sections. In addition to real estate, there are changes in large consumption and public business sectors. These shows that the overall atmosphere of market funds is not negative.

Secondly, this Thursday is a very important observation window. On the one hand, observing the rhythm of this wave of rebound, the market has not had a two -day continuous killing and falling for two days. It is estimated that many people have expected bullish expectations on Thursday, and it depends on how the market reacts; on the other hand, there are PMI on Thursday Data announcement is that according to market expectations is actually an implicit benefits. How the market will react is also a very important observation scale.

Again, it is a more detailed observation perspective. Will there be a daily limit on Wednesday, will it still fall on Thursday? Will the tickets on Wednesday be more expected on Thursday? These are the markets from the perspective of observing the strongest and most sensitive funds in the market. If there is no chance to make money by these funds, the performance of the entire market may not be too good.

Finally, the combination of the plate and the index. The gap below the Shanghai Stock Exchange Index is the first support position. Can this position be supported? Objectively, it must be determined according to the rotation of the plate. According to the previous thinking of Dago, if there is "high cutting and low" and a new sector can stand up and stabilize the market, the market will evolve into a sideways. As a result, if the rotation is not possible, it may be the rhythm of everyone "swimming" together.

In general, the rapid decline in Wednesday tests the wisdom of investors, and it can be understood as "a lot of money to buy cows." However, the realistic transaction countermeasures are still more objective and pragmatic. You can wait for the market to make a choice before following.

(Zhang Daoda)

According to the latest regulations of relevant national departments, this note does not involve any operating suggestions, and the risk of entering the market should be borne.

Daily Economic News

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