A shares are about to open, and many people are up and down. During the National Day holiday, US stocks, , and investors also took a "roller coaster" in their mood. When the US stock market surged on October 4, I saw a lot of shouts on the Internet. Many people were looking forward to the opening of in the A-share market and in the opening of , and some even swear to say that thousands of stocks would hit the daily limit. What's the result? Only three seconds later, the US stock market plummeted the next day, and it went back wherever it came from, and now its mood has returned to pessimism.
is actually not necessary! Too much emphasis on the trend of US stocks is also a manifestation of many investors' immatureness. Why do you always look at other people’s faces when you are a big A-share? I have been calling for the rise of A-shares and A-shares, but A-shares are composed of millions of investors, both of you and me. Investors’ distorted psychology when they see others’ faces, how can A-shares rise?
The rise of US stocks is because the possibility of a recession in the United States has further increased. The market believes that Fed will slow down interest rate hikes , so it was a carnival for 2 days. As a result, the Fed made it clear that it would not slow down interest rate hikes, and the market was wilted again.
I think this is a disturbance, so don’t care too much. Compared with the performance of US stocks, the following news is more worthy of attention:
first, the Organization of the Petroleum Exporting Countries OPEC decided to significantly reduce oil production, with an average daily output of 2 million barrels! The scale is equivalent to 2% of total global oil demand. Both the United States and Europe are currently facing inflationary pressures from rising prices, especially for Europe, which is about to "winter" in the energy crisis, the rise in oil prices is undoubtedly a worse situation. Therefore, OPEC's production cuts are equivalent to "slashing the United States" in the back, giving Europe and the United States a heavy blow! This means that rising oil prices will exacerbate inflation and the Federal Reserve will continue to raise interest rates, which is not a good thing for the stock market.
Second, the geopolitical situation is becoming more and more complicated. During the holiday, large-scale demonstrations broke out in Britain, Germany and other countries, and polls showed that more than half of the French, German, Italian and Spanish people opposed further sanctions on Russia. On October 4, the Ukrainian President signed a decree to refuse negotiations with Putin and on October 6, the EU passed the eighth round of sanctions against Russia.
html burst message on 08! The most important strategic hub between Russia and Crimea , the Crimea Bridge, was bombed. These events are unbreakable and confusing, and the confusing situation is not conducive to the stock market.Third, American infectious disease expert Anthony Fauci warned, "The United States is likely to see a new and more dangerous new coronavirus variant this winter. It will escape human immunity." At present, the United States has a total of 96.66 million confirmed cases of new coronavirus pneumonia, with a population of more than 300 million, with nearly 100 million infections. On average, one of three people is infected and 1.06 million people have died. If a new mutant virus appears again, it is really hard to imagine what it will become.
has been restricting the stock market recently: geopolitical turmoil, Fed rate hike and the COVID-19 pandemic. The situation in now is that there seems to be no sign of improvement.
So our strategy is still waiting. Technically, the index is still running below the 60-day moving average , and it is still a short divergence pattern. The bottom characteristics are not obvious, so wait patiently. But there is no need to be overly pessimistic. Everything will eventually pass, it is just reincarnation. And I believe that the longer the market is suppressed, the more violent the future outbreak will be.
