Category: Money tips Release Date: 2007-03-26
Yesterday's "Red Monday" so apprehensive of the market, no doubt adding to a confidence. Analysts pointed out that management has begun implementing policies to blow warm air, more good years after the Annual Report will be launched soon, yesterday's market began to note Changyang is warming, investors holding the Chinese New Year should be a more select a wise choice, However, positions will be maintained at about half warehouse, can avoid some market risk, but not so hot Takong Quotes.
Preganglionic Trend
Its own run into the pattern of turbulence
Steadily higher broader market yesterday, Shanghai and Shenzhen, the Shanghai Composite Index rose 2.8%, Shenzhengchengzhi rose 4.2%, stocks generally rose, stocks fell less than 100 cities, while the limit-up to more than 20 individual stocks.
Can be seen that the broader market plunging more than 400 points in the short-term after the shock has begun to enter the pattern of its own run.
Steadily over the last few trading days the market rebounded, especially in some of the weight of indicators shares short of the circumstances, the two cities are in the non-ferrous metals index, the overall market, aerospace and military industry topics, led by tenacious plate higher, market sentiment from the previous month significantly recovery.
Guotai Junan Bin Xu pointed out that the short-term point of view, the market sentiment in favor of the resumption of broader market continued to strengthen in the short-term run. Moreover, from a financial side to analyze, safe purchase funds will also be around on Thursday thaw, which will provide funding support to the broader market. Therefore, the short-term opportunities for broader market remained strong.
Of course, the 30-day moving average this sensitive location of the broader market may be short-term there are still finishing. However, broader market yesterday, making the bull market pattern hair edge upward again to be established, and therefore short-term adjustment of broader market space is not large, at best, only a consolidation. Stocks in the last few trading days before the Spring Festival will continue to shock its own run.
Postganglionic Quotes
"Spring offensive" a high probability of
Beijing in the first quarter of Lingyun cards that look back at history Quotes development, can be found, after the Chinese New Year market, the brutality of a row is difficult to sell into the trend, on the contrary the first half of each year or the spring, there will be a wave of upside market, the market compared to "Spring offensive ", while the pattern in today's bull market, the market reproduction of" spring offensive "the probability is still quite high.
Importantly, the recent rapid sell into the broader market has been resolved to some extent in recent months, the market formed by the tremendous surge unilateral technical adjustments to the pressure, the market bubble is radically reduced. The debate on market bubble began to play down the differences between investors gradually reduced. Some did believe that the stock market bubble of the person, or deny the remarks, accusing the reporter mistranslated; or adjust the view that the Chinese stock market bubble has not yet formed, the bubble there is room for expansion. Favorable factors are also increasing. The RMB exchange rate peaked again and again high, the effect of currency appreciation to benefit from the plates continue to accumulate the energy to do more.
In addition, years later, more good performance of the Annual Report will be posted, the annual performance of the month after the 3,4-wave worth the wait. On the current performance of listed companies published in Letters of view, the performance far exceeded expectations, analysts continued to raise profit forecasts, in 2007 a quarter of the year on year growth reached 35% -40% predicted, performance increase is supported by the stock market rose the most effective The most fundamental factor.
China Merchants Securities analyst Jian-Xing Zhao pointed out that after initial quick adjustment, the market should have stabilized, for the trend after the Spring Festival can be a positive attitude. Adjusted for institutional investors recently provided a better Jiancang time so that the Spring Festival holiday after the effect of capital inflows can be sustained. "Expect the market stage a strong shock is still a chance to become the second high point, about a quarter of the late."
Ji Lingyun also said that shortly after the Spring Festival will enter in March, and the annual two sessions are usually held in March. During the two sessions are held, and stability will be the overriding event, but may also be introduced during the two sessions are conducive to the sound development of the policy of supporting the stock market, the stock market is obviously a continuous adjustment of the management does not want to see.
The SFC has started to release new funds approval. Issued five new funds approved for the Festival issued the majority of the corresponding stock market will also bring about more substantial incremental funding. Festival, previously part of the funds withdrawn from the market will be quick to back the securities market, incremental funding will also support the Festival Quotes development.
