Just now, three important news came from the market, let’s take a sneak peek:
1, news one, a major signal, the Science and Technology Innovation 50 Index entered a technical bull market
Recently, the Science and Technology Innovation 50 Index has emerged from a continuous rebound trend, and the latest index has already stood on the 120 daily moving average . The half-year line is also considered by some people to be the lifeline of the bull market. From this perspective, it can also be said that the Science and Technology Innovation 50 Index has entered a bull market again. In addition, in terms of the rebound range, the largest rebound of the Science and Technology Innovation 50 Index in this round has increased by nearly 24%, entering a technical bull market. At present, the latest rolling price-to-earnings ratio of the Science and Technology Innovation 50 Index is 42.54 times, ranking 15.55% of the historical percentile, and is still at a historic low. With low valuation and continuous high growth characteristics, many institutions have expressed their optimism about future investment opportunities in Science and Technology Innovation Board . ( Securities Times )
Personal opinion: On October 13, the Science and Technology Innovation 50 did not fall below the historical bottom of 853.21 points on April 27, but stopped falling and stabilized at 871.45 points, establishing a new stage of bottom, and then launched the bottom counterattack mode. As of 1072.87 points at the close of November 4, the Science and Technology Innovation 50's counterattack offensive increased by more than 20%.
So, can this round of counterattack attack with an increase of more than 20% be called a "technical bull market"? Before answering, we can compare the offensive of Science and Technology Innovation 50 at 853.21 points on April 27. As of 1173.14 points closed on August 11, the cumulative increase was more than 35%. Obviously, the increase of 35% is still far greater than 20%, but can it be called a "technical bull market" before? Obviously, it cannot be called a band market, because it fell back after August 11, and from April 27 to August 11, it lasted for 4 months. In terms of cycle, it is also somewhat far from the "technical bull market". Even the 2015 bull market GEM , which was established as a starting point of breaking through the oscillating box, had a cycle of half a year.
0 Let’s say that, if Science and Technology Innovation 50 can start from the bottom of the 871.45 point stage on October 13 to form a long-term wave market with a cycle of more than half a year, then it can not only be said to be a "technical bull market", but it is not an exaggeration to say that it is a real bull market. Therefore, at present, Science and Technology Innovation 50 can only be said to be a "technical bull market" and can still look at the future market more optimistically.
However, fundamentally speaking, what investors in A shares are more looking forward to a long bull market for more than 10 years like US stock , rather than the short-term fast bull that they once had.
2, News 2, northbound funds have accelerated their flow into the computer sector
Since its launch on October 11, the Information Innovation (Information Technology Application Innovation) sector has embarked on a sharp rise. It is worth noting that public and private equity and foreign capital are also increasing their positions unanimously. According to statistics from securities companies' research reports, northbound funds have accelerated their flow into the computer sector since September, becoming its relatively stable source of incremental funds recently. At the same time, public offerings and private equity funds began to deploy in the information innovation sector earlier. Many institutions believe that the industry valuation is at a low level, and the turning point of the industry fundamental is the main reason for the recent sharp rebound of the Information Innovation sector. (China Securities Network)
Personal opinion: It is no exaggeration to say that from mid-October to the present, the Xinchuang concept is the most beautiful in the A-share market. Many concept stocks that have strongly been linked to the board have emerged, and it has suddenly become the main line of hot discussion in the market. From the perspective of driving logic, the difference between the Xinchuang concept and the hardware field of the semiconductor chip is that it is more inclined to the computer software field, and the same as semiconductor chips are also domestic substitution and independent control. Simply put, Whether it is hardware or software, the speculation is domestic substitution and independent control. However, hardware semiconductor chips have been speculated in the big technology market a few years ago. Software has not been speculated much. For funds, it is even more "famous in starting a career" rather than "re-cooking meat" that still speculates on semiconductor chips. It should be noted that no matter which theme concept, among the many theme concepts in the A-share market, what is necessary is to pave the way for funds. Simply put, with funds accumulation, there is a foundation for a strong rise.
In addition, northbound funds have continued to flow into the computer sector since September. We can only applaud this. northbound funds are indeed worthy of the title of "smart funds".
Take 512720 computer ETF as an example. September is the stage of accelerating the bottoming out. At this stage, selling orders are more likely to build positions to absorb funds . Until it bottoms out on October 11, they are very "friendly" to buyers because they are not afraid of having no funds to absorb. On the contrary, if there is an upward wave, they can only compete for the price to grab funds. From this perspective, northbound funds are already quite smart and are quite good at picking. Needless to mention the results of a round of rebound after bottoming out on October 11. Therefore, northbound funds are still one of the "smart funds" and main capital vanes in the A-share market. It is not harmful to observe the trends of northbound funds more.
3, News 3, lithium salt manufacturers have accelerated the pace of investment and expansion
In the face of the growing market demand of power battery , energy storage and other industries, lithium salt manufacturers have accelerated the pace of investment and expansion. After announcing its entry into the lithium salt industry in May, Wanlishi plans to invest another 200 million yuan to build a new capacity of 5,000 tons of lithium carbonate production capacity . A person familiar with the lithium carbonate industry told reporters that compared with the previous investment scale of nearly 1 billion yuan for the 10,000 tons of lithium carbonate project, Wanlishi's investment this time is quite high. "Take the current price of lithium carbonate of 560,000 yuan per ton and the cost of lithium extraction of Qinghai Salt Lake as a reference. If the new project is successfully promoted, the company will get a considerable investment return in the future." (China Securities Network)
Personal opinion: Nowadays, the A-share market speculates on batteries, mainly lithium batteries, because lithium batteries are still the "male number one" and have a full demand. To be weak, at least before the global lithium resources are exhausted or there are better alternative batteries, lithium batteries still have a place. Obviously, this means that for lithium salt manufacturers - orders are still queued to flock to themselves. Therefore, only by accelerating the expansion can we eat more orders and digest orders faster. For financial reports, it obviously means more revenue, more profits, and higher growth.
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Warm reminder: This article is not a professional discussion. The content quoted is derived from public information. It does not ensure its accuracy and does not represent personal opinions and positions. Please be cautious in identifying it. All content is for learning and communication only and does not constitute investment advice. Investment is risky. Be cautious when entering the market!
#November new financial forces#
