#BabyMarvinf9c7正在牛市塞道起点

【The main line of A-shares is a bit unclear this morning】 The main line of the market has become a bit unclear; the index is currently supported by previous enthusiasm, but after the favorable news is realized, the extent of the adjustment is far lower than that of Hong Kong stocks and Chinese concept stocks.

Hong Kong stocks shrank to around 200 billion yesterday, and may continue to shrink today. From this, we can see the enthusiasm of foreign capital for Hong Kong stocks cooling down after expectations end. Yesterday, the trading volume of A-shares still maintained at 2.5 trillion, but this morning the main line has become a bit unclear.

Old Su believes that the market has risen too quickly, and the trading volume is too large. If corporate earnings do not keep up, then six months later, when the annual reports and quarterly reports come out, stocks with hundreds of times PE might not be sustainable. The market will move intermittently, slowly guiding expectations for a recovery in the real economy, which is the only way to achieve a slow bull market.

Against this backdrop, it is more important to keep an eye on the core industries in the economy, especially the core technology sector. If the economy begins to recover, they will be the first to recover.

From a strategic perspective, during this period, the trading volume of small stocks is not large. It's better to focus on observing core stocks, especially in the direction of self-control. Although there has been some adjustment today, institutional participation is quite deep. It is still worth paying attention to top technology companies.

The era where one could make money by randomly trading speculative stocks is coming to an end; what follows is a battle of vision and understanding. #BabyMarvinf9c7正在牛市塞道起点