September 30, 2024
The A-share market has gone crazy, with a total turnover of 2.59 trillion yuan, breaking the historical record and directly reaching above 3,300 points. Is this still the A-share market we are familiar with? The K-line in the past few days has almost risen vertically, and those who play with coins can only envy it. For those who have positions, the price has risen by tens of thousands a day. No wonder some investors say that they don’t want to go to work because of the rise. However, this policy combination was chosen before the National Day, and the effect is still very good. Not only does it give a 7-day buffer period, so that you can imagine the post-holiday market, but it can also stimulate consumption to a certain extent. After all, looking at the rising stock accounts, how can you not go out for a drink?
This feeling also exists in the B circle and will only be stronger, but the last time fomo was in March. Generally speaking, the longer the bottom is brewing, the crazier the bull market will be. The bear market of A shares has been fluctuating around 3,000 points for several years, and this bull market will rush higher. Although we don’t play A shares much, this incident has inspired us that once the bull market is confirmed, the rise will only be completed in a short time, and it is important to build a position in advance. You can imagine that if you play A shares, do you dare to rush in with a large position and do the right side now? If you can’t do this, then honestly do the left side and gradually increase your position in the volatile downward market.
The same applies to all investment markets. Price fluctuations are a game of funds. This wave of A-share market is a result of policies boosting confidence. The short-term surge is the result of scrambling to buy shares and rare sales. From this, we can reasonably infer that once the liquidity of the US dollar spills over to the B circle, it only takes a little confidence to trigger a bull market. After all, the so-called fundamentals are unlikely to change in the short term, and there is no need to worry too much about the bull market next year.
In terms of the market, the market briefly retreated to below 65,000. Fortunately, we were bullish in the past two days and did not buy high. If the pressure level cannot be broken during the National Day holiday, the market will continue to be sluggish for a while. It is best to complete the mid-term retracement as I said. However, at this stage, it is still mainly based on holding low-cost chips. The A-share market has already shown us how important it is to hold chips during a downturn.
Thank you for your attention and likes.
