Red Monday in the stock market, will the A-share bull market start in August? Le

  • 2024-07-23

Great news, it's a red Monday, and the A-share market is soaring across the board! Today, the A-share market staged a "rise and then fall" drama, with the Shanghai and Shenzhen stock indices advancing together, presenting a splendid scene of red plates, and we, the stock investors, are delighted to welcome the rise. The Shanghai Composite Index climbed steadily by 0.53%, followed by the Shenzhen Component Index and the ChiNext Index, which rose by 0.35% and 0.21% respectively. The A-share market is abuzz with capital, and the total turnover of the Shanghai and Shenzhen markets soared to 374.1 billion yuan, a slight increase of 3.5 billion yuan compared to the previous trading day, reflecting the quiet strengthening of the vitality of China's securities market. Next, will the battle to defend the 2800-point mark of the Shanghai Composite Index be launched, or will the index attack the 2900-point mark?

Risk warning: Although the financial analysis and judgment of the stock market by the Finance and Economics Brother are accurate, I still want to remind everyone that investing is risky and trading should be cautious. The content of the Finance and Economics Brother's stock market analysis is for the exchange of stock fans and for reference when making securities investment decisions, and does not constitute trading advice for any individual or securities investment institution.

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Today's popular sectors in the stock market are surging, with Huawei Hisilicon and gold concept stocks becoming the dazzling stars on the stage, leading the trend.

The cross-border payment sector is sharp and prominent, and the big finance sector is like a strong bow, in contrast, the AI glasses and vitamin sectors are slightly tired and entering an adjustment period.

The analysis by the Finance and Economics Brother pointed out that the heat of the Huawei Hisilicon concept stocks is not reduced, with stocks such as Skyworth Digital, Hao Shang Hao, and Shenzhen Huaqiang being strongly sealed, showing the style of the leader.

Gold stocks are also not weak, with Lesheng Tongling and Yulong Shares being strongly sealed, and Xiaocheng Technology's increase is more than 10%.

In the cross-border payment sector, stocks such as Huafeng Chaofib and Sifang Jingchuang are jointly sealed, and Rendong Holdings and Qingdao Jinwang are not lagging behind, sealing the board, and the cross-border payment boom is surging.

The big finance sector is prosperous, with banks and insurance as the dual drive, the stock prices of the four major state-owned banks of ICBC, ABC, BOC, and CCB have reached a historical high, and PICC has refreshed the new high of the year, and the financial giants are collectively exerting their strength, showing market confidence.However, the A-share market is suffering from insufficient capital volume and low liquidity, which manifests as accelerated rotation among popular market sectors, lacking sustained momentum. This is specifically reflected when a new popular sector emerges, a batch of outdated popular sectors are abandoned by market funds, making it difficult for all flowers to bloom together. Retail investors chase rising stocks and sell off falling ones, with short-term speculation being evident.

Last week, the popular AI glasses sector entered a cold winter, with Asia Optical & Electronics falling to its daily limit, and Doctor Glasses approaching the brink of a daily limit. The ups and downs under the wave of technology are revealed. The adjustment in the pharmaceutical and health sector is noteworthy, and the vitamin sector, which just set a new high for this year, also shows a low performance, with Hehua Shares falling to its daily limit and Jincheng Pharmaceutical's drop exceeding 15%.

Financial Insight Brother comprehensively analyzes today's stock market, which has both magnificent rises and quiet falls. The rotation between sectors and the fluctuations of individual stocks together weave a vivid market picture.

Financial Insight analyzes the stock market trend: After the efforts of a certain team to support the market, the decline in the stock market since the second quarter has slowed down. However, market interventions such as support and window guidance cannot eliminate or resolve the pressure for market adjustments. After the A-share index briefly attacked the 2900-point resistance, the risk of the stock market going down next has increased. It is a reminder to pay attention to reducing positions for risk aversion. The battle to defend the Shanghai Composite Index at 2800 points has begun, with the adjustment target position at 2745 points. In the short term, pay more attention to defensive sectors such as high dividend blue-chip stocks and clean energy.

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