Jedi Counterattack-A Share War-Epidemic-Obtaining First Victory Blue Chip Close to Regaining Lost Land

Jedi counterattack: A-share war “epidemic” made its first victory and blue chips close to regaining lost ground
For stocks, please read Jin Qilin analyst research report, authoritative, professional, timely, and comprehensive, to help you tap potential potential opportunities!  Jedi fights back!The first victory in the A-share battle against the “epidemic”, the blue chip is close to regaining lost ground!There are at least three strong supports in the market. The increasing liquidity tensions ease the original Shi Qian. The significance of this rise today is to lift the liquidity crisis!  If the drop yesterday was to be expected, in fact, this rise today should not be unexpected.Because if the market plunges again, the liquidity crisis a few years ago will reappear.Such a surge today has partially lifted the crisis.In plain English, the market can be played again.  Judging from the market situation today, the three major A-share indexes rebounded across the board, and the GEM index led the way.The final close, the Shanghai Composite Index reported at 2783.29 points, up 1.34%; SZSE Component Index reported 10089.67 points, up 3.17%; ChiNext Index reported 1882.69 points, up 4.84%.  Among them, some have two points: First, the GEM 50 rose 5.33%, only a little more than 1% from the closing point on the last trading day before the holiday; the second is that the transactions in the two cities have been significantly enlarged, citing the turnover in the early 500 billion yuan today.The expected liquidity crisis has been substantially alleviated.  So, has the market stabilized?Analysts believe that from the Hong Kong market and the previous performance of the A50, there may be conversions in the next few trading days.But from the perspective of the three to five month cycle, there are at least three more important supports at this position.  The most worrying situation in the market has been eased in response to the sudden outbreak, and the most worrying situation in the market is a liquidity crisis in the stock market.Because, this situation occurred in October 2018, early 2016 and mid-2015.These memorable events have turned many investors’ strategic choices into emergency escapes during emergencies.However, this time the market may allow a similar situation to happen, or at least to some extent ease the atmosphere of panic.  First, from the perspective of the index, the three major indexes of A-shares rose across the board. Among them, the relevant index of the GEM rose significantly and was close to regaining its lost ground.Moreover, the transaction volume has been significantly enlarged, showing that the tight liquidity situation in the market has eased to a certain extent.  Basically, from the surface of the disk, the Tesla concept set off a high tide, the Ningde era, molding technology and other stocks.The concept of cloud office performance was strong, and the Jinshan office of the science and technology board surged by 20% to achieve 西安耍耍网 the daily limit.Virus protection, domestic software, and banking sectors all advanced.The market does not lack the main line of speculation, and there is no shortage of people who are afraid of it.The most important thing is that many smooth and good stocks perform very well, which can be cut from the rise of major ETFs.  Third, the situation in the peripheral markets is also very good.Renminbi appreciation is strong.  The A50 rebounded strongly, and the time for publishing was terminated, an increase of 4%, and it recovered 13,000 points.  In essence, the Asia-Pacific market has swept away the haze, and the entire line has been built.In this early spring day, it brings hope to investors.  What is more worth mentioning is the strong performance of foreign countries. In the past two trading days, the net purchase of northbound funds reached 23 billion.Brokerage China has mentioned that there is a very important factor in how the market will go, which can change foreign attitudes.  Where does the worry of the market come from?  Although the liquidity crisis has been largely relieved, the market is not without its concerns.  First of all, from the perspective of individual stocks, in fact, today’s market presents a situation of rising, falling, and falling.  Judging from the above data, the daily limit of stocks is 159, but even in the market yesterday, there were 84 stocks of daily limit; the stocks of daily limit naturally reduced in a large area, but the stocks with a decline of more than 3% are still nearly 1500.  In addition, the number of falling homes was more than 700 more than the number of rising homes.This means that although the index and many ETFs are gaining, there are still problems with multiple stocks.In the short-term background of the broader market rebound, especially the small-cap stocks rebound, the market opportunity still presents only structural opportunities, which may lay some hidden dangers for subsequent rebounds.  Another worry comes from financing.Judging from yesterday’s data, financing data fell for four consecutive times, a decrease of nearly 29.5 billion.  There are two variables in this. One is accumulation. The current accumulation is still above 1 trillion. Although it is not at a high level, it is also above the median of the last six years (median is about 930 billion).Not an absolute low level, especially since August, this data has been in an upward trend.  The second is the increase. It is expected that the continuous increase in financing market on the market only under the background of relatively stable environment and relatively good money-making effect.Judging from the current situation, affected by the epidemic, there are distortions in the market.In this case, there may be uncertainty about the sustainability of the growth of financing rounds.  There are at least three major supports in the market. Of course, there are no markets without hidden dangers.The charm of the market lies in its uncertainty.In the next few trading days, the market still has the possibility of shock adjustment.But this does not mean that the market will lose support.At present, there are at least three supporting forces in the market.  The first is estimation.At present, the lowest level of evaluation in major global markets is Chinese assets.The lowest price-earnings ratio is the Hong Kong Hang Seng Index, which is only 9.6 times; followed by CSI 300 less than 11.5 times, the Shanghai Stock Exchange Index is less than 12 times, both lower than the historical average.  Time is the period.Since the end of last year, from the PMI data can be ground, the data has been above the line for three consecutive months, the name of the economic improvement has become very obvious, and a round of inventory cycle seems to start.  With the outbreak, this cycle may be interrupted, and February data may be weaker than expected.However, the power of the cycle is not easy to be interrupted. Because the inventory consumption is also very severe from the end of January to the beginning of February, through the mitigation of the epidemic, enterprises will usher in a more severe inventory cycle after the work resumes.This action may continue at the end of May.  The third is M1. This wave of rebound since December last year must be due to M1’s rise.The annual growth rate of this data was 3 from November last year.5% jumped to 4 in December.4%.This means that corporate cash flow is improving, and active funds in the market are increasing.M1 is also usually an important leading indicator of the market.During the epidemic phase, this indicator may show some twists and turns, but the increase in growth rate is not high.Some professionals told brokerage Chinese reporters that judging from the trend of M1, there may be some twists and turns in January and February, but as long as the epidemic is stable, it will rebound quickly.