Southern Fund: A Big Drop In The Market Is Not At Risk.

In the afternoon, the two cities rose and the stock index reached a maximum of 2454.42.

Another 31 month high.

Then the stock index plunged rapidly and the Shanghai Stock Index approached 2400 points.

On the disk, brokerage stocks, new three boards, Internet, hotel and catering sector are among the top gainers.

Graphene, food safety and other sectors are in a doldrums.

By the end of the press release, Shanghai stock index reported 2409.23 points, down 0.75%.

Analysts pointed out that loose

The introduction of the superposition of favorable policies has contributed to the stock market crash at the end of October. From the present point of view, the expected easing of capital has been strengthened, but the marginal effect of policy has weakened. Under this background, the market lacks the opportunity to attack again.

In addition, the blue chip sector has risen a turn, and the varieties available for rotation are relatively limited. It is expected that the stock index will remain at the 2400 point platform in the near future and change with time.

It is believed that the recent market turnover is less than 2400 points, and the daily turnover has begun to decrease gradually.

Despite the rise in Thursday, the intraday minimum dropped to 2401 points, which was tested at the integer threshold. The total daily turnover of the two cities was the lowest since October 29th.

At present, the Shanghai Composite Index has achieved a monthly line of seven days, exceeding the level. The most recent time is the "January 2009 plus July".

At that time, the interest rate cut at the end of 2008 was four trillion. At this stage, the rally did not have such a monetary policy environment. It made the stock market stand at a height of 2444 when it reached a high level of 2013 in the year.

Yang Delong, chief strategist of the southern fund, pointed out that since August this year, the balance of financing has maintained an increase of around 80 billion per month, which means that leverage funds are also continuing to accelerate into A shares. At the same time, securities trading settlement margin has also increased from 600 billion to 1 trillion at the bottom.

With the support of incremental funds, the A share's current rebound is getting better, and the market style is gradually turning to blue chips.

Yang Delong thought, though influenced

The uncertainty factors are increasing, such as the weak economic data, the delayed expansion of Shanghai and Hong Kong links, and the high position of institutional positions. This may lead to a setback in the rise of A shares, but as long as the pace of incremental capital keeps fast approaching, the market strength can be sustained.

Even if the pace of incremental capital moves has slowed down, as long as the fundamentals of the economy have not deteriorated substantially, the risk of a sharp fall in the market will not be too great.

Against this background, there are still more opportunities for stocks and sectors.

On the operation, we should gradually turn to defensive sectors with stable growth and reasonable valuation, such as medicine, banks, automobiles, etc.