- 50:
- 50
- 40:
- 40
- 30:
- 30
When the market is bullish, fund sales are particularly high, with initial sales of over 100 million a day. Fund sales fall to a low point around the Spring Festival, and often only a few hundred thousand can be sold on the first day of fund sales. Fund sales reflect the willingness of retail investors. The trading volume of the two cities has dropped to a high point, reaching over 100 million yuan last year.
The third point is that the price-to-earnings ratio of the Shanghai and Shenzhen Third Board is about 100 times before and after the Spring Festival. Historically, the lowest price of the Shanghai and Shenzhen 3rd Board is about 100 times. When the market reaches its bottom, we believe that the market will gradually recover and achieve a thousand-point rebound.
The market’s over-interpretation of economic trends caused the monthly decline
On the first trading day of May Day, stocks achieved a good start and all major indexes rose. Later, the media published articles about authoritative views on the economy, which made investors worry about the direction of monetary policy. This article shows that the economy will maintain a normal trend for two to three years or even longer. This means that previous media reports discussed a lot about economic recovery. This article mainly Talking about economic growth makes investors worry that economic growth may slow down, which may be a big blow to confidence. Stocks also experienced relatively large adjustments from close to the point to around the point.
The rebound in the second half of the year will increase in strength, see the point
The rebound in the second half of the year will be stronger than that in the first half of the year. In the first half of the year, the point rebounded to the point, and the hundred point is now back to the point. In the second half of the year, some positive factors gradually materialized and the market gradually rebounded around the trend point.
There are some positives. The first one is the entry of pension funds into the market. The second point is that the opening of Shenzhen-Hong Kong Stock Connect is expected to be announced in the next month. The third point is that stocks may join the index on May 1st.
The market bottom has basically formed and market confidence will gradually recover
After the market adjustment last month, bearish investors were squeezed out and their short positions were very low and close to short positions. The second dip to the bottom further consolidates the possibility of the market forming a low close to the previous low, which basically rules out the market's gradual recovery of confidence and gradual recovery of the trend.
Click below to buy stocks with confidence and pay attention to value stocks such as liquor