Category: Money tips Release Date: 2006-10-31
Source: Zhou Fei, Zhejiang, Li Jie
Toss some turbulence after the broader market once again closed Tuesday Yang, Hu Zhi rose 63 points to close at 3899 points, 3900 points at hand, while the 4000 and perhaps also into the long coveted goal. Meanwhile, Shen Chengzhi after the first time in three Lianyin rosy. Compared to the index rebounded, but the two cities and can gradually release volume, Shanghai stock market turnover 87.5 billion, continuing a record low, Shenzhen is also maintained for two consecutive trading days at 500 billion with. Su Liang big market rebound means that the energy bull more limited, after a continuous adjustment, starting from the 3724-point rally more of a technical repair requirements. Hu Zhi in two consecutive trading day after the rally, the index near the 3,900 re-reply, according to the decline in pre-judgment, the closer 4,000 points, the more likely to have certain resistance. Although the short-term tape still exists the possibility of a small rebound, but the tone will be a shock in the last phase of the market theme.
Of course, "5.30" and collapse, coupled with a continuous fall in late June city, to a certain extent, the completion of the "space for time" technical adjustment purposes. In a large number of subjects to adjust since the stocks hit the lowest level of this case, we believe that index down space has also been gradually shrinking. "5.30" drop hit a low point of 3404 from a record high, slid nearly a full point, and June 20 the adjustment Huzhi from more than 4200 points, a low of 3724 points. Compared to pre-decline, or significantly reduced, and thus indicates that the support will also be set down. 4,000 points, taking into account the difficulties of recovery factor, we believe that short-term tape will be 3800 - 4,000 points exists between the continuous shocks possible.
In the fall stabilized, the strong but unsustainable situation, the disk in the hot plate is gradually produce new changes. Starting from Monday, the market's oversold stocks began to show strong performance of individual stocks. Compared to June before the stock price, the current high-volume stocks, has fallen Jinsi Cheng, and even some stocks within a short span of one month decline in more than 50%, resulting characteristics of such stocks oversold. Monday Tuesday's rebound in the process, the performance of these oversold stocks are relatively obvious. Fashion Industry, Hualian Holdings and other firms are short-term stock price almost "cut", Tuesday at the limit-massive seal. Midline in the market bullish on market-proven cases, oversold stocks with stronger financial performance also reflects a certain amount of bull market mentality. The current market situation, there are still a huge number of oversold stocks decline in early varieties do not occur in the fundamentals of major changes in circumstances, the context of capital-driven market, "fall more fierce", which might produce a " faster recovery, "the result of revenge. Such as Shenzhen Huaqiang (000,062), Jiangsu Sunshine (600.22 thousand), Erdos (600,295), etc., once the index is relatively stable, there is a certain rebound will be.
Meanwhile, Tuesday intraday non-ferrous metal stocks rebounded, led by blue-chip offensive began, finance, petrochemicals, real estate fliers as a whole gained on Monday in connection with the iron and steel, electric power unit to support the market action, blue-chip rebound effect of wheel-action gradually produces . This will form a short-term defensive role of the broader market is also a sustained-release, which will help ease the selling pressure the market. From the fundamental point of view, with the mid-year report of the disclosed start of the blue-chip blue-chip features will once again become the focus of the market.
Non-ferrous metal stocks surged Tuesday, Shandong Gold hit a historic high price of 84.91 yuan, China International Capital Gold, Yunnan Copper and other shares within a whisker away from previous highs. Index by the end of May compared to the beginning of the decline, non-ferrous metal stocks are steadily rising over the same period. The adjustment of the plate is from late June, the average decline is also only about 15%. Adjust the trigger body tape grab the top chip in the non-ferrous metal stocks reflects very prominent, it is also optimistic about the continued funding in the sector under the non-ferrous metal stocks also exists the possibility of the first end of the adjustment. With the Shandong Gold hit a new high, you may stimulate the market shares of the leading varieties of other non-ferrous metals made a breakthrough Quotes. Moreover, a good mid-year report is expected to also become a concern of non-ferrous metal stocks much money an important factor. Therefore, such as copper-Copper (000630), your research Platinum (600,459), Nanshan Aluminum (600,219), Ningxia Orient Tantalum Industry (000,962), Rare Earth Hi-tech (600,111), etc. There will be some upside. At the same time, in a recent rebound in the process of when the broader market, financial stocks began to climb gradually stabilized. From long-term investment perspective, the current valuation of banking stocks level is still there is a certain advantage. Tuesday ICBC intraday consecutive major pay, bank shares characteristics of the weight of these stocks also made the strategic Jiancang significant. The potential introduction of stock index futures will be to stimulate the body types of funds Buying bank shares, and perhaps a strong rebound in the current non-ferrous metal stocks will represent the future trend of financial stocks. Proposes a focus on Minsheng Bank (600016), China CITIC Bank (601998), Bank of China (601988), China Merchants Bank (600036) and other firms the opportunity to midline.
