Category: Money Tips Date: 2007-06-25
Source: Beijing in the first place
Despite the broad market failed to extend Wednesday's rally Tuesday patterns, but showed a slight decline in order to narrow-based finishing trends, the amount would still be depressed, to a certain extent, reflect the current market sentiment is still insufficient to do more features, but also from a practical operational point of view, does not seem strong. However, we believe that since July 13 due to the adjustment of the initial realization of goals, the Fund has been basically stabilized Awkwardness, issuing new shares is expected to slow pace of the three major factors that will continue to rally round is expected to continue, and some reasonable valuation and the adjustment to full plate and stocks are expected to usher in the real opportunities for short-term operation.
1, three major factors reveal the broad market rally will continue and
First of all, appeared in early July this round of adjustment should be in November of last year's bull run since the wave of a general nature of finishing, this conclusion has been more and more recognized by market participants. At present, from a technical analysis point of view, the recent wave of decline has been basically put in place to adjust. By Shen Chengzhi, for example, since last November has been Quotes early start to the peak in July, a wave of complete rally was thoroughly gone through the bull market correction in accordance with the Golden Section is estimated that a downward adjustment of the first target site should be Quotes of the overall gains in this round of .382, that is, near 3750, while the lowest has been exploration Shen Chengzhi Monday to 3766.83 points. In addition, from the Shanghai Composite side, this week, a minimum detection to 1541.41 points in mid-June has fallen to under the 1520-1530 extension of the box, and that the region also has been a considerable number of institutions as an important support of this wave of adjustments. Therefore, the technical point of view, due to pre-tape adjustments already in place, the recent market rebound will be the main tone.
Second, the broad-market index of blue-chip stocks and the Fund's Shigekura species has been the most important benchmark is the market to adjust in place clear signs. According to statistics, since July 13 this round of adjustment, and Shen Chengzhi benchmark Shanghai Composite Index fell 10.5% and 13.8%, but the funds Awkwardness of actual level of adjustment is far higher than the index's decline, the average ranges from 15-20 %, non-ferrous and some other varieties of decline even up to 30-50%. This shows that the market has experienced a continuous decline, the fund Zhongcang varieties of profit has been set initially to digest. The Awkwardness of Fund stabilized indicates that the broad market have been adjusted in place, although because of the concept of stocks, stock underperformance of factors, the market there is always the pressure of structural adjustment, but the negative impact of the broader market has been greatly reduced.
Third, the issue size Air China forced to reduce pressure on such facts indicate expansion will soon be eased, broader market ushered in the short-term relief. Issued under the Air China network failure is no accident, fully reflect the market's resistance to management's continuous expansion, with the broad market's recent decline in the pace of issuing new shares is bound to slow down. It is worth noting that, in the week, five new shares be issued after the completion of new shares has been no notice issued. It has been revealed Fashen Wei will be suspended over the past two weeks, and while still not confirm the news. However, at present all the signs have shown that next week, the market is expected to usher in the near future there is no new shares issued in the first period, so as to bring the broader market continued to rebound a good opportunity.
Second, some of the oversold valuations and reasonable variety of recent market rebound is expected to become a pioneer
Tuesday market's rebound from the situation, although the two cities indexes rose more than 2%, but the broad based pattern of relative prominence, and can not find really boost the market to do more popular hot spots and plate. While the broader market Wednesday rally Although there is no continuation of the momentum, trading volume also continues to remain at low ebb, but the number of potential hot spots, in particular, with larger decreases in the previous period, and adjust the start in place of high-quality varieties revealed Tau Kok.
Look at the specific disk, to G Tianwei New Energy, represented by G Sea plate and to be able to represent the coastal section is undoubtedly the biggest highlight of the session Wednesday. Where, G Tianwei, G LINUO daily limit, G Jinbin, G-Bin can also rose more than 6%, G Tianjin Port, G Haitai also performed well. The reason why these two plates have a good performance, their common characteristics are mainly concentrated in two points: First, apart from having the real subject matter, the concept of superiority, the financial performance has been clearly demonstrated by an initial, such as the G Tianwei interim results although absolute value is not high, but the increases were up 222.36 percent year on year, and a subsidiary of Tianwei leisurely outside the United Kingdom will continue to promote the listing plan; coastal sections also have similar characteristics. Second, the two plates are relatively large decline in the early to adjust relatively full, there is a clear oversold features, such as G Tianwei the recent decline to reach 50%, G is close to shore to drop 40%, far more than the market average. From the long-term perspective, whether it is new energy plate, or the coastal section, will undoubtedly have sustained rapid growth of space, and the relevant stock's current price does not seem to reflect the characteristics of this fast-growing, short-term oversold obvious.
It is worth noting that, although the above-mentioned plate and stocks are expected to become the market's short-term rebound in the main, but this power is still more factors that come from oversold, after a significant increase in short-term, its sustainability is still difficult to maintain. Therefore, the specific operation, the above-mentioned plate and stocks are not suitable for large investors to participate. But this revelation we have received is that because there is always the market valuation of a reasonable number of high-quality group, significantly less than pre-accumulated gains on the broader market, but it started to follow along with the recent broad market adjustment, oversold feature prominent, as the broader market is expected to The gradual Qi Wen, the first to receive agency funding of all ages. Wed, G Huahai, G good housekeeping Despite the recent decline in small, but funding is still sought after to be mainly due to the low valuation that is. Therefore, how to dig as much as possible in the oversold groups already at the low valuation of the varieties, will be the recent weak recovery phase and beyond the market, the key.
